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What is the basic model of strategic planning designed for?
It helps to establish the vision, mission, business objectives, and values of a company.
What is the first step in the basic model of strategic planning?
Draft a mission statement.
What does SWOT analysis stand for?
Strengths, Weaknesses, Opportunities, and Threats.
What is the purpose of the problem-based model in strategic planning?
It helps to create a more comprehensive planning model by identifying and prioritizing key issues.
What are the four perspectives to consider in the alignment model?
Execution of strategy, IT potential, competitive potential, and service level.
Which model helps organizations identify external factors affecting them?
Scenario model.
What is the main focus of the self-organization model?
It emphasizes learning and growth, rather than achieving a specific goal.
What are the three levels of success in the real-time model?
Organizational, programmatic, and operational.
What is Agile methodology primarily defined as?
A principle of project management that is collaborative, fast, effective, and iterative.
What distinguishes the waterfall model from Agile methodology?
It is a linear and sequential process where tasks must be completed before moving to the next.
What is the key characteristic of the Scrum methodology?
It uses short 'sprints' to create project cycles.
What do Kanban boards help with?
They help visualize workflows and project progress.
What is Scrumban?
A hybrid methodology that combines elements of Scrum and Kanban.
What does PRINCE2 stand for?
Projects IN Controlled Environments.
What is the primary aim of Six Sigma?
Continuous improvement of processes and elimination of defects.
What are the phases of the DMAIC process in Six Sigma?
Definition, Measurement, Analysis, Improvement, and Control.
What is the focus of the Critical Path Method (CPM)?
Identifying and planning critical tasks within a project.
What does the Lean methodology aim to optimize?
Processes to maximize efficiency and minimize waste.
What are the five phases of project management according to the PMBOK?
Initiation, Planning, Execution, Performance, and Closure.
What is Extreme Programming (XP) used for?
Managing dynamic projects with tight deadlines through short development cycles.